411.519 – Lessee’s damages for nondelivery, repudiation, default and breach of warranty in regard to accepted goods.
411.519 Lessee’s damages for nondelivery, repudiation, default and breach of warranty in regard to accepted goods. (1) Except as otherwise provided with respect to damages liquidated in the lease agreement or otherwise determined pursuant to agreement of the parties, if a lessee elects not to cover or a lessee elects to cover and the cover […]
411.520 – Lessee’s incidental and consequential damages.
411.520 Lessee’s incidental and consequential damages. (1) Incidental damages resulting from a lessor’s default include expenses reasonably incurred in inspection, receipt, transportation and care and custody of goods rightfully rejected or goods the acceptance of which is justifiably revoked, any commercially reasonable charges, expenses or commissions in connection with effecting cover, and any other reasonable […]
411.521 – Lessee’s right to specific performance or replevin.
411.521 Lessee’s right to specific performance or replevin. (1) Specific performance may be decreed if the goods are unique or may be decreed in other proper circumstances. (2) A decree for specific performance may include any terms and conditions as to payment of the rent, damages or other relief that the court considers just. (3) […]
411.522 – Lessee’s right to goods on lessor’s insolvency.
411.522 Lessee’s right to goods on lessor’s insolvency. (1) Subject to sub. (2) and even though the goods have not been shipped, a lessee who has paid a part or all of the rent and security for goods identified to a lease contract on making and keeping good a tender of any unpaid portion of […]
411.523 – Lessor’s remedies.
411.523 Lessor’s remedies. (1) If a lessee wrongfully rejects or revokes acceptance of goods or fails to make a payment when due or repudiates with respect to a part or the whole, then, with respect to any goods involved, and with respect to all of the goods if under an installment lease contract the value […]
411.516 – Effect of acceptance of goods; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable over.
411.516 Effect of acceptance of goods; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable over. (1) A lessee shall pay rent for any goods accepted in accordance with the lease contract, with due allowance for goods rightfully rejected or not delivered. (2) A lessee’s acceptance of […]
411.517 – Revocation of acceptance of goods.
411.517 Revocation of acceptance of goods. (1) A lessee may revoke acceptance of a lot or commercial unit the nonconformity of which substantially impairs its value to the lessee if any of the following occurs: (a) Except in the case of a finance lease, the lessee accepted the lot or commercial unit on the reasonable […]
411.518 – Cover; substitute goods.
411.518 Cover; substitute goods. (1) After a default by a lessor under the lease contract of the type described in s. 411.508 (1), or, if agreed, after other default by the lessor, the lessee may cover by making any purchase or lease of or contract to purchase or lease goods in substitution for those due […]
411.514 – Waiver of lessee’s objections.
411.514 Waiver of lessee’s objections. (1) In rejecting goods, a lessee’s failure to state a particular defect that is ascertainable by reasonable inspection precludes the lessee from relying on the defect to justify rejection or to establish default if any of the following circumstances exists: (a) The lessor or the supplier could have cured the […]
411.515 – Acceptance of goods.
411.515 Acceptance of goods. (1) Acceptance of goods occurs after the lessee has a reasonable opportunity to inspect the goods and any of the following occurs: (a) The lessee signifies or acts with respect to the goods in a manner that signifies to the lessor or the supplier that the goods are conforming or that […]